Tagged: business strategy

Digital Payments: MENA Region’s Fintech Paymob Expands Operations into Pakistan

Paymob, MENA region’s virtual payments provider, has announced its formal market entry, and “start of operations, in Pakistan.” Paymob’s expansion into Pakistan follows its steady growth in its home market of Egypt, plus Jordan and other world regions where – combined – it “services tens… Read More

NTT DATA UK to Expand its Business, Appoints Fernando Apezteguia as New CEO

NTT DATA UK has announced that it has appointed Fernando Apezteguia as the new CEO for NTT DATA UK and Ireland. Apezteguia will now lead the business after having been part of the organization for over 20 years, with the aim of “accelerating its growth… Read More

Klarna Introduces “Klarna Kosma” Sub-brand and Business Division to Support Open Banking Growth

Klarna, the international retail bank, payments, and shopping service that helps consumers save time and money, be informed and in control, has launched ‘Klarna Kosma’, a sub-brand and business unit “to harness the rapid growth of its … Open Banking platform.” By offering simple access… Read More

Nordic Fintech Challenger Lunar Offers €132M to Acquire Instabank

Nordic Fintech challenger Lunar has reportedly made a cash offer valued at €132 million in order to acquire all outstanding shares of Norway’s virtual banking platform, Instabank. Established back in 2016, Instabank currently serves over 60,000 clients based in Norway, Finland and Germany with secured… Read More

Gemini CTO Pravjit Tiwana Comments on Building the Future of Web 3.0

At the beginning of 2022, Gemini had welcomed their CTO, Pravjit Tiwana, who joined them from Amazon Web Services (AWS). Pravjit is responsible for leading Gemini’s Engineering, Product, and Information Security teams, with “a vision of building customer-centric innovative products that harness the opportunities of… Read More

Fintech Tide to Incubate 500,000 Women-led SMBs in India by 2027

Tide, which is the United Kingdom’s business financial platform with full-scale operations set to launch in India, has confirmed their plans to support 500,000 female-led companies by 2027. UK based #fintech #Tide commits to incubate 500,000 women-led small businesses in India in next five years,… Read More

Quick Dispute Resolution Leads to a More Efficient Digital Commerce Ecosystem, Verifi CEO Explains

Within any commerce ecosystem — particularly in digital commerce — chargebacks appear to have become a way of everyday life, according to an update from Verifi. For merchants, chargebacks can be a drain on both time and financial resources. Improved communication between merchants and issuers… Read More

UK’s MarketFinance Says that Embedded Lending Could Become More Widely Adopted

Much has been made of embedded lending during the past couple years. With the COVID-19 crisis shuttering businesses and forcing a major shift to online and all-digital services, you could say that this was inevitable. Now, large Fintechs like Klarna, Stripe and PayPal have shown… Read More

Worldline Is Reportedly Set to Close in on $2.3B Sale of Terminal Business to Apollo Global Management

Worldline (Euronext: WLN), a provider of payments and transactional services, is reportedly getting ready to sell its point-of-sale terminal business to Apollo Global Management for $2.3 billion. This, according to a report from the WSJ. A deal might be finalized within a few days as… Read More

Fintech Airwallex CEO Jack Zhang Shares 2021 Highlights, Reveals 2022 Plans and Strategy

Jack Zhang, the Co-founder and CEO at Fintech Airwallex, notes that in the past year, they continued on their journey to build one of the biggest international financial infrastructures by expanding their platform capabilities and geographic presence. Zhang writes in a blog post that Airwallex… Read More

Poloniex Management Confirms Launch of New Digital Asset Trading System in Sandbox Environment in Q1 2022

Shaun Scovil, General Manager at digital assets firm Poloniex, notes that as they embark on their eighth year of operations, the team has reflected on all the great things they think they’ve accomplished so far, while “preparing for the exciting challenges and opportunities ahead.” Shaun… Read More

Fintech Ramp Explains How their Early Adoption of Stablecoins Increased their Corp Treasury Returns

The team at Ramp has shared a detailed look into how the early adoption of stablecoins helped them with increasing their Corporate Treasury returns. Alex Song, Head of Finance at Ramp, notes that during the past two and a half years, the Fintech company has been… Read More

Digital Bank Zopa Reveals Why It’s Exiting the P2P Market, Will Focus on Operating as Virtual Banking Platform

Earlier this month, the team at digital bank Zopa made an important update regarding the future of their peer-to-peer business. After 16 years of handling P2P investments at Zopa, the team has taken the decision to close down their retail investing business (something similar to… Read More

Indian Digital Payments Fintech PhonePe Now Claims 300 Million Users Just 5 Years After Launch

Rahul Chari, CTO and Co-Founder at PhonePe, one of India’s leading payments app providers, recently confirmed that they’ve onboarded 300 million users after launching operations around 5 years back. Chari writes in a blog post that they launched the PhonePe app on August 28, 2016… Read More

Leading Gaming Hardware Firm Razer Reports $1B in Annual Revenue, with Fintech Services Now a Significant Contributor

Razer, a leading gaming hardware producer, has managed to diversify its business operations during the past few years. Razer CEO and Co-founder Min-Liang Tan first launched the company in 2005 with the goal to develop a computer mouse that would be ideal for avid gamers…. Read More

LendingClub Shares May Be Surging Due to Institutional Interest

The shares of LendingClub (NYSE: LC), an online lender and nascent digital bank, have been surging recently. Last week, LendingClub reported an adjusted net loss of $(22.1) million in the fourth quarter, compared to an adjusted net income of $7.0 million the same quarter last… Read More

Fintech Adyen Explains how Offering Seamless Payments can be an “Unobvious” Driver of Business Growth and Expansion Efforts

Payments platform Adyen (AMS:ADYEN) notes that during times like these, it can be challenging to find the “headspace” to map out business growth plans. Adyen also mentioned that it can be difficult to know where exactly to start. The Fintech firm  thinks that what we… Read More

Funding Circle Links with US Dept of Commerce’s Minority Business Development Agency

To help minority-owned small businesses navigate the evolving lending landscape and secure the right financing they need to grow, Funding Circle, a leading marketplace for business financing, has partnered with the Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce. This news… Read More

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